Release details

2018-10-31 17:30 CET
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IGE+XAO: Reduction in share capital by cancelling 63,403 treasury shares, representing 4.46% of the share capital

Toulouse, on 31 October 2018, IGE+XAO Group announces:

Reduction in share capital
by cancelling 63,403 treasury shares,
representing 4.46% of the share capital.

In its session on 15 October 2018, the Board of Directors made use of the powers granted to it by the Combined Shareholders' Meeting of 26 January 2018, and decided to reduce, effective on 29 October 2018, the share capital of IGE+XAO SA by cancelling 63,403 shares representing 4.46% of the share capital.

This operation does not affect the consolidated equity of the IGE+XAO Group from an accounting standpoint. With regards to the company accounts, the Board of Directors has decided to allocate the difference between the purchase value of the cancelled securities which is 5,382,914.70 euros and their nominal amount, i.e. an amount of 5,138,813.15 euros to the "Other reserves" account which will change from 21,773,841.12 euros to 16,635,027.97 euros.

The number of securities comprising the share capital will then become 1,356,811 shares.

Date Total number of shares Total number of voting rights
29 October 2018 1,356,811 Brut (1) : 1,357,261
NET (2) : 1,302,465

 

(1) In accordance with the last paragraph of Article 222-12 of the General Regulations of the AMF, the total gross number of voting rights is calculated based on all of the shares that comprise the share capital.

(2) The total net number of voting rights is calculated based on all of the shares comprising the share capital less the shares that do not have voting rights (treasury shares, in particular).

About the IGE+XAO Group
For over 32 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help companies in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". IGE+XAO employs 380 people around the world in 33 sites and in 22 countries, and has more than 90,800 licenses distributed around the world. IGE+XAO is a key player in its field. For more information: http://www.ige-xao.com. Follow us on Twitter @igexao_corpo.

IGE+XAO Group contacts
IGE+XAO Group, 16 boulevard Déodat de Séverac - CS 90 312 - 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 - Fax: +33 (0)5 62 74 36 37
Website: www.ige-xao.com
Listed on Euronext Paris - Compartment B - CAC Mid & Small® Index - ISIN FR 0000030827
Analysts/Investors: Alain Di Crescenzo (Chairman of the Group) +33 (0)5 62 74 36 36
Press Contact: Rozenn Nerrand-Destouches: +33 (0) 5 62 74 36 02

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